Shares of Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) dropped 1.9% during trading on Thursday . The company traded as low as C$0.27 and last traded at C$0.27. Approximately 24,700 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 49,651 shares. The stock had previously closed at C$0.27.
Montero Mining and Exploration Price Performance
The firm has a market cap of C$13.28 million, a price-to-earnings ratio of -13.25 and a beta of 1.45. The company’s fifty day moving average is C$1.57 and its 200 day moving average is C$0.79. The company has a quick ratio of 0.02, a current ratio of 0.10 and a debt-to-equity ratio of 494.64.
About Montero Mining and Exploration
Montero Mining and Exploration Ltd., together with its subsidiaries, engages in the identification, evaluation, acquisition, exploration, and development of mineral properties in Chile. It holds a 100% interest in the Avispa CopperMolybdenum Project that covers an area of 459 square kilometers located in the Atacama Desert of northern Chile.
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